Daimler to invest 10 billion euros in EVs, r&d boss says

Daimler r&d chief Weber said that Mercedes' parent wants to develop 10 EVs based on the same architecture.

AS

By:

Arno Schuetze

November 25, 2016 05:00 AM

FRANKFURT -- Daimler is planning to invest up to 10 billion euros ($11 billion) in developing electric vehicles, its r&d head told a German daily.

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